Residential Market
Median Price
RM 430,000
PSF Trends (2021-2025)
MUKIM MAKA in Tanah Merah, Kelantan recorded 2 subsale transactions in 2024, with a median price of RM 430K and a median price per square foot (PSF) of RM 308.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 430K, with most transactions falling within a stable range of RM 390K to RM 470K, and a typical market range of RM 390K to RM 470K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 308, with most transactions between RM 279 and RM 336. The usual range is RM 278.00 to RM 337.00, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 29, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
OFF JALAN KLINIK
|
RM 470,000
|
RM 336.00
|
1,399 sqft
|
Aug 2024
|
JLN KLINIK
|
RM 390,000
|
RM 279.00
|
1,399 sqft
|
Jan 2024
|